As technology advances quickly, governments all over the world are becoming increasingly concerned about artificial intelligence (AI) regulation. Two noteworthy recent breakthroughs in AI legislation have surfaced, providing insight into the measures governments are implementing to guarantee the proper advancement and application of AI technologies.
The first path is marked by the United States, where on October 30, 2023, President Joe Biden signed an executive order titled “The Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence.” The order emphasizes the need for clear guidelines and ethical standards to govern AI applications. It acknowledges the transformative potential of AI while emphasizing the importance of addressing potential risks and ensuring public trust. The order establishes a comprehensive framework for the federal government’s approach to AI, emphasizing collaboration between various agencies to promote innovation while safeguarding against misuse.
Meanwhile, the European Union has taken a proactive stance with the EU AI Act, the first regulation dedicated to artificial intelligence. Introduced on June 1, 2023, this regulation is a milestone in AI governance. It classifies AI systems into different risk categories and imposes strict requirements for high-risk applications, emphasizing transparency and accountability. The EU AI Act represents a concerted effort to balance innovation with the protection of fundamental rights, fostering a regulatory environment that aims to set a global standard for AI development.
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